Samsung notched up $4.09 bn worth of smartphone exports from India in FY23

Korean giant accounts for 35% of smartphone exports, but Apple's 3 Taiwanese vendors together contribute 45% of such exports

South Korean giant Samsung remains the largest exporter amongst individual companies which assemble smartphones in India — bigger than each of the Taiwanese equipment manufacturing services (EMS) players, Foxconn, Wistron and Pegatron, which assemble iPhones for Apple Inc in the country.  

According to S&P Global Market Intelligence, in FY22-23, Samsung exported $4.09 billion smartphones from India — an increase of 42 per cent over 2021, when it was $2.8 billion —  accounting for 35 per cent of all smartphone exports. In 2018 its exports were a mere $0.7 billion.  

Based on latest data on exports from Volza, till 3 August